Sinopec Canada: Non-Core Property Divestiture

Sinopec Canada (“Sinopec”) is in the process of selling certain non-core properties located in Alberta (~80,500 Gross Acres). The total Net production from all of the assets for H1 2018 was ~340 Boe/d (~40% oil and liquids). The Assets are a mix of Unit, Operated, and Non-Operated Working Interests, with the majority being Non-Operated.

A package of more detailed confidential information will be sent to any party executing a Confidentiality Agreement with Sinopec (a copy of which is available upon request).

Cash offers to acquire the properties will be accepted until 12:00 pm on February 1, 2019. Strong preference will be given to offers to acquire the properties as one complete package; however, offers will be considered for individual properties.